17. A project pays the following cashflows: S125, S55, 100 and $100 at the end of year 1, 2, 3 and 4 respectively. Assume its initial investment is $330. What is this project YTM? premium). The l-year T-bills are cu ently earning 3.25%. You have the following information: Real risk- free rate 1.5% Default risk premium 1.5%, Liquidity risk premium 0.5% Maturity risk premium 1.75%, what is the fair interest rate on this bond? 18. You are considering a 30-year bond and the bonds have no special covenants (no special provision 19. An investment earns a nominal annual interest rate of 12%. John makes monthly contribution and wants $1,000,000 in 35 years later, how much does he invest every month